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F1b Examining the Role of Consumer Preferences on U.S. Individuals’ Trade Policy Views
Key Words
Expenditure, Import, Protectionist, Foreign trade, Globalization, Political economy, ANES
Short Description
The general purpose of this research project is to analyze the role of U.S. consumers’ preferences, along with other potential determinants indicated by international trade theories, on citizens’ trade policy views in 2016. Specifically, this project aims to examine the association between U.S. individual- and household-level consumption and citizens’ perception of trade policy, in particular, whether additional import restrictions should be placed by the United States on foreign products. This project utilizes both American National Election Studies (ANES) public survey data and the Consumer Expenditure (CE) Public Use Microdata from the Bureau of Labor Statistics (BLS). Statistical matching by cells is performed to impute individuals’ consumption patterns in the ANES survey from the CE survey, based on common demographic characteristics observed in both datasets. Additional variables are accessed via the BLS and the United States International Trade Commission (USITC). My hypothesis is that individuals whose consumption bundles largely consist of globally-imported goods are less likely to favor additional import restrictions. A binary response model is constructed to estimate the marginal effect of each potential factor associated with trade policy views.